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Bank Reo Foreclosures News

  • Communities key in foreclosure fight-Fed officials Thursday, September 2, 2010 @ 11:50AMCommunities key in foreclosure fight-Fed officials
  • Fed’s Rosengren: More ‘Holistic’ Approach Needed for Foreclosures Thursday, September 2, 2010 @ 10:36AMA more "holistic" approach to foreclosures and vacant properties, along with more flexible, community-focused state and federal assistance, could be needed if hard-hit communities are to get back on their feet, Federal Reserve Bank of Boston President Eric Rosengren said.
  • Communities key in foreclosure fight: Fed officials Thursday, September 2, 2010 @ 9:58AMNEW YORK (Reuters) - Two top U.S. Federal Reserve officials on Thursday called for a more community-focused approach to the country's ongoing foreclosure crisis, which is weighing on its economic recovery.
  • Westmarq Expands Real Estate Services Tuesday, August 31, 2010 @ 2:01AMWestmarq Real Estate Group, a flourishing real estate agency located in Lakewood, NJ, has recently expanded in order to service a broader clientele.
  • Home Sweet Loans Monday, August 30, 2010 @ 2:08AMTrixy Castro-Weiss is growing her business by lending to developers in the niche industry of buying forclosed properties, fixing and flipping
  • Foreclosures: Movin' on up! Sunday, August 29, 2010 @ 5:32PMThis is a something we've been watching for some time ... Although the pace of foreclosures has slowed in the general housing market in Southern California and much of the nation, it's still rising for upper-tier homes.
  • Deeds recorded in Volusia County Aug. 16-20 Sunday, August 29, 2010 @ 12:35AMThe Daytona Beach News-Journal publishes deed recordings supplied by the Volusia County Clerk of Court. The listing is limited to properties that sell for $100,000 or more. DAYTONA BEACH Donald L. and Aranell Poindexter to Stanley R. Walker, unit...
  • Median home price in Santa Cruz County at $510,000, but July sales are slow Tuesday, August 24, 2010 @ 4:27PMSANTA CRUZ - Homebuyers made themselves scarce in July though usually it's the biggest month of the year for sales.
  • CENTURY 21 Worden & Green Welcomes James "Jake" McCormick Friday, August 20, 2010 @ 8:18PMHILLSBOROUGH — Century 21 Worden & Green is pleased to announce James "Jake" McCormick has joined its firm as a sales associate.
  • Home Foreclosures Soar to Record Highs in July Thursday, August 12, 2010 @ 6:32PMHome foreclosures soared to a record high in July as the real estate market continues to struggle.
  • Foreclosure Activity Jumps, Reverses 4 Month Declining Trend Thursday, August 12, 2010 @ 7:02AMAfter having declined for 4 months in a row, July foreclosure activity once again took a leg up, increasing by 4% from the prior month to 325,229 in July according to RealtyTrac . There was deterioration across all three foreclosures categories: default notices, foreclosures auctions and bank repossessions (REO). “July marked the 17th consecutive month with a foreclosure activity total exceeding ...
  • Foreclosure rate declines Wednesday, August 11, 2010 @ 11:36PMRiverside and San Bernardino Counties in June saw foreclosure activity decline for the eighth consecutive month, compared to the previous year, although that doesn't mean the housing market is any healthier, according to a report released Wednesday by a foreclosure tracking firm.
  • False Recovery in Commercial Real Estate? Wednesday, July 28, 2010 @ 10:08PMVia Pension Pulse. Daniel Thomas of the FT reports, CBRE upbeat on global recovery : CB Richard Ellis, the world’s largest real estate consultancy, has reported the strongest growth in revenue and earnings since 2007 as it has benefited from the global recovery in commercial property activity.   CBRE, whose main business is advising on the acquisition and leasing of commercial property around ...
  • IMS Named Among Fastest Growing Houston-based Woman-Owned Businesses for Third Consecutive Year Wednesday, July 28, 2010 @ 8:37AMCompany recognized for exceptional growth, high achievementHOUSTON -- Integrated Mortgage Solutions,...
  • IMS Named Among Fastest Growing Houston-based Woman-Owned Businesses for Third Consecutive Year Wednesday, July 28, 2010 @ 8:01AMHOUSTON----Integrated Mortgage Solutions , a collateral protection resource for the mortgage servicing industry and the only woman-owned firm offering a seamless suite of secure, integrated services for the management of distressed portfolios, has been named one of 2010’s Fastest Growing Woman-Owned Businesses by the Houston Business Journal.
  • Banner Corporation Announces Second Quarter Results Wednesday, July 21, 2010 @ 3:00PMWALLA WALLA, Wash. -- Banner Corporation , the parent company of Banner Bank and Islanders Bank, today reported that it had a net loss of $4.9 million in the second quarter ended June 30, 2010, compared to a net loss of $1.5 million in the immediately preceding quarter and a net loss of $16.5 million in the second quarter a year ago.
  • Bank Repossessions Surging In South Florida Wednesday, July 14, 2010 @ 10:38AMWhile some areas of the nation have started recovering from the housing market collapse; South Florida foreclosures are still growing almost two-fold from 2009. Banks have repossessed roughly 4,000 properties per month in the first half of 2010, according to condovultures.com.
  • Hardest Hit: Handful of Lenders Sign On Tuesday, July 13, 2010 @ 5:05PMSmaller, community banks are taking the lead in helping Michigan homeowners avoid foreclosures. They've jumped in on the "Help the Hardest Hit" program. It's a federally funded program which will give money to struggling families to help them avoid foreclosure. However, it's the larger, national banks, which hold a big share of Michigan mortgages, that still have not signed on.
  • 31% of Home Sales in First Quarter Were Foreclosures Tuesday, July 13, 2010 @ 6:05AMForeclosure Deals, an online leader in the foreclosed homes for sale listings and information industry, announced today that 31% of all residential properties sold in the first quarter of 2010 were foreclosure properties.
  • Foreclosure Homes Account for 31 Percent of All Residential Sales in First Quarter 2010, According to RealtyTrac Wednesday, June 30, 2010 @ 12:08AMRISMEDIA, June 30, 2010—RealtyTrac, one of the leading online marketplaces for foreclosure properties released its first U.S. Foreclosure Sales Report, which shows that foreclosure homes accounted for 31% of all residential sales in the first quarter of 2010, and…
  • Foreclosures decline for most part on the Treasure Coast Wednesday, June 9, 2010 @ 11:10PMForeclosure filings declined in May in the Treasure Coast and nationwide, but probably for different reasons.
  • Are Investors Souring on Housing? Thursday, May 27, 2010 @ 3:47PMWhile sales of existing homes shot up across most of the nation in April, they fell in the West, down 6.2 percent.
  • Online Marketing Testimonial: ‘It’s Actually Fun to Go to Work Again’ Monday, May 24, 2010 @ 3:15PMRISMEDIA, May 25, 2010—Carola Dauchert is an agent with Prudential C. Dan Joyner Realtors in Anderson, South Carolina. One of her specialties is Lake Hartwell, S.C., which is a popular second home/resort area where sales seemed to have dried up
  • 59 Percent of Homeowners with Underwater Mortgage Would Not Consider Walking Away from Their Home, According to a New ... Sunday, May 23, 2010 @ 1:15PMRISMEDIA, May 24, 2010—Trulia.com, smart real estate search to help you make better decisions, and RealtyTrac, a leading online marketplace for foreclosure properties, released the latest results of an ongoing survey tracking home buyers’ attitudes towards foreclosures. The new online…
  • Utah's foreclosure crisis: Worst lurks ahead Sunday, May 23, 2010 @ 12:02AMBefore a life-altering off-road vehicle accident in American Fork Canyon, Clancy Talbot of Bountiful earned as much as $10,000 per month selling identity theft protection.
  • 05/23 - Public Records Saturday, May 22, 2010 @ 8:50PMFORECLOSURES
  • Fewer would buy repo'd home vs. a year ago Saturday, May 22, 2010 @ 8:15AMThe public has less interest now in buying foreclosed homes than it did a year ago, a new survey shows, prompting concern about who will buy all the respossed homes coming on the market and the effect on a housing recovery. Consumers who would...
  • Foreclosure fatigue Friday, May 21, 2010 @ 6:45AMInterest in purchasing a foreclosure is significantly down year over year, and the failure of government programs to reach troubled homeowners could exacerbate the backlog of distressed inventory threatening recovery, according to a quarterly survey from two real estate websites.
  • Bay Area Foreclosures Down Thursday, May 13, 2010 @ 12:22PMForeclosure filings were down by a third last month in a number of Bay Area counties. KCBS’ Mike Colgan reports
  • Foreclosures surge in April. Why? Thursday, May 13, 2010 @ 11:43AMSt. Louis-area foreclosures surge in April. Why? Now, before one gets too concerned, it’s worth noting that there’s a lot of noise in these numbers (compiled from 17 local counties by real estate data firm RealtyTrac), which have been prone to one-month swings in the past.
  • RealtyTrac: Record REOs in April, NODs Decline Sharply Thursday, May 13, 2010 @ 9:06AMThe phrase "foreclosure activity" can be confusing. There are three key stages in the process: 1) Notice of Default (or Lis Pendens depending on state), 2) Notice of Trustee Sale or Notice of Foreclosure Sale, and 3) actual foreclosure (Real Estate Owned).
  • Real Estate Company Surpasses Expectations Through New Marketing Strategy Wednesday, May 12, 2010 @ 11:15AMWhile most Real Estate companies have gone belly up in the past few years, there is one company that is sky rocketing in today’s real estate market. Sounds impossible? Not for Miami based Bertone International Realty who is selling REO properties at an average of 13% above asking price and in just 10 days!
  • Foreclosures, REO properties still permeate local market Saturday, May 8, 2010 @ 8:16PMForeclosures are ticking up and the area housing market is still saturated with bank-owned properties, despite an apparent budding recovery from the throes of the housing crisis.
  • Realogy Reports Results for First Quarter 2010 Thursday, April 29, 2010 @ 7:05AMReal Estate Leader Posts 18% Higher Net Revenue of $819 Million; Home Sale Transaction and Price Drivers Show Gains Across Segments
  • Realogy Reports Results for First Quarter 2010 Thursday, April 29, 2010 @ 7:00AMPARSIPPANY, NJ--(Marketwire - 04/29/10) - Realogy Corporation, a global leader in real estate and relocation services, today reported results for the first quarter ended March 31, 2010. Realogy's revenue for the first quarter of $819 million increased 18% compared to 2009. In the latest quarter, Realogy recorded a net loss attributable to the Company of $197 million. EBITDA for the period was ...
  • Real estate experts assess market outlook Sunday, April 25, 2010 @ 3:35AMThe pendulum continues to swing in real estate.
  • 04/18 - Public Records Saturday, April 17, 2010 @ 10:51PMFORECLOSURES
  • Top 5: Marcus & Millichap says Portland is nation’s seventh strongest office market Thursday, April 15, 2010 @ 1:13PMFRONT PORCH BLOG: Seattle's office towers stop getting emptier / U.S. foreclosure filings set record high; Oregon up 21% from March 2009 / Oregon’s permanent loan modifications through HAMP up 31 percent / Portland region’s retail vacancy at 6%; downtown at 4.6%:
  • What To Expect from Earnings Season Thursday, April 15, 2010 @ 11:54AMFollowing an impressive run up prior to earnings season, it is fair to ask whether investors were buying the rumor and are planning to sell on the news.
  • Tricky Market Tuesday, April 13, 2010 @ 12:16AMBecause loan defaults are a common occurrence in this difficult financial climate, last week’s news that the 306-unit Preserve at Southwind Apartments....
  • Weekly Summary and a Look Ahead Sunday, April 11, 2010 @ 12:07PMThere will be two key housing reports released this week: Housing Starts to be released on Friday, and the NAHB homebuilder index on Thursday. Most of the focus will be on March retail sales to be released on Wednesday.
  • 2 big banks forecast major rise in foreclosures in 2010 (Update 1) Friday, April 9, 2010 @ 8:27AMFRONT PORCH BLOG: Bank of America, which currently forecloses on 7,500 homes every month, expects to see that number rise to 45,000 by December 2010, one senior executive said at a trade show.
  • Three months down, nine to go! Friday, March 26, 2010 @ 2:22PMWell, we are almost 1/4 of the way through 2010. So what do we have to show for it so...
  • West Valley home values slide as sales show increase Saturday, March 20, 2010 @ 9:54AMOverall home values in Surprise fell from a median price of $190,124 in 2008 to $140,000 in 2009.
  • Glendale home values fall by 40% Saturday, March 20, 2010 @ 1:39AMHowever, sales soar by nearly 62 percent.
  • Brookings ranks Scranton/Wilkes-Barre recovery in the middle of nation Thursday, March 18, 2010 @ 3:22AMSolidly in the middle. That's how Northeast Pennsylvania's recovery compared to the nation's 100 largest metropolitan areas, according to the Brookings Institution's MetroMonitor report. In the fourth quarter of 2009, the region was in the middle quintil
  • IT'S YOUR BUSINESS: Business news releases Tuesday, March 16, 2010 Tuesday, March 16, 2010 @ 3:48PMPrudential Florida Realty, Florida Real Estate Services was recognized at the 2010 Prudential Real Estate & Relocation Annual Sales Convention in Austin, Texas, as the No. 1 contributor to the Sunshine Kids in Florida for 8 consecutive years and as the No. 3 contributor in North America for 2009 with raising over $189,000.
  • Prospect Mortgage Announces Seminar on Buying Foreclosures in San Fernando Valley Friday, March 12, 2010 @ 5:24PMProspect Mortgage will host the 2010 REO Insight Forum on March 20, 2010, in Van Nuys, California, from 9:30 a.m. to 11 a.m. This free event is open to the public. The keynote speaker is Ivan Choi, SVP of REO Financing Services at Prospect Mortgage, who is one of the nation's leading experts on foreclosures.
  • Three months down, nine to go! Friday, March 12, 2010 @ 2:43PMWell, we are almost 1/4 of the way through 2010. So what do we have to show for it so...
  • Real Estate Wonk: Baltimore-area home buying, by price range Wednesday, March 10, 2010 @ 8:00AMIt probably won't surprise you to hear that the action in the Baltimore metro area's housing market last year was in non-ritzy price ranges. First-time buyers tempted by the $8,000 tax credit aren't the demographic for mansions.